News About: Goverment


Government seeking to defoam drug prices

The Ministry of Health and Welfare has reaffirmed its plan to cut medicine prices and improve the pharmaceutical industry. “We will revise related laws and regulations to have the new system take effect in January ...

National Assembly seeking to include Dong-A’s Chairman to include witness list

Lawmakers of the National Assembly’s Welfare Committee said Wednesday that they will look closely at the government’s bill to allow supermarkets to sell over-the counter drugs during the National Assembly inspection t...

Discontent mounting over new drug pricing reform

The government’s decision to cut domestic drug prices by an average of 17 percent starting next year met with strong backlash from the pharmaceutical industry. “The Health Ministry’s senseless policy to cut drug pr...

NHIC, healthcare providers to start talks over 2012 NHI price

The National Health Insurance Corp. and the local six healthcare providers, including Korean Pharmaceutical Association and Korea Medical Association, will begin talks in the middle of this month to discuss the increa...

OTC drug abuse

Over-the-counter drug abuse can often lead to psychological and physical dependence. People use increased amounts of drugs to ensure a sense of well-being while treating unrelated illnesses or health problems, or for ...

Health insurance suffers 54.3 billion shortfall in July

The National Health Insurance Corporation reported that the national health insurance ran a 54.3 trillion won deficit in July, with its cumulative surplus of 1.38 trillion won for the January-July period. Its total...

KFDA to reclassify 6,879 drugs

The Korea Food and Drug Administration said Thursday it plans to complete the re-classification of 6,879 medicines from 329 companies by the end of this year, after forming a special task force consisting of experts w...

Drug makers file license modifications of 38 OTC drugs

Following the reclassification of 48 over-the-counter (OTC) medicines in July, which allows them to be sold in supermarkets and convenience stores, the Ministry of Health and Welfare said Monday that pharmaceutical fi...

Government seeking to register pharmaceutical raw materials

The Ministry of Health and Welfare is considering introducing a system to register all of pharmaceutical raw materials, obligating drug manufacturers to submit the manufacturing method of medicinal products to the Kor...

Lee names new health minister in Cabinet reshuffle

President Lee Myung-bak nominated Rim Che-min, incumbent minister of the Prime Minister’s Office (PMO), as new health minister Tuesday. Rim, 53, is one of the most recognized economic bureaucrats under the Lee Myun...

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